- KingsCrowd portfolio users are being more conservative this year than in prior years with online startup investments.
- Compared to January through July of 2022, total tracked investments in KingsCrowd portfolios are down $5,993,080.
- From January through July 2022, 6713 investments were tracked in KingsCrowd portfolios, compared to just 2658 in 2023.
- The average amount committed per investment also decreased by $268.
- These trends are consistent with general economic uncertainty and fear of entering a recession that permeated public sentiment throughout much of 2023
Note: All data on online startup investing used for the Chart of the Week comes from the KingsCrowd database and represents a snapshot of the U.S. crowdfunding market.